Erdos on Nostr: Monetization of U.S. debt is de facto inflation. Increased money supply into an ...
Monetization of U.S. debt is de facto inflation. Increased money supply into an economy is inflation which devalues purchasing power per note.
A growing economy based on inflationary debt (over-spending) from cheap money (low interest rates) is a mirage, Potemkin village, or bubble which will inevitably pop and has collapsed every empire to date.
The only way for individuals to avoid losing their purchasing power is to exit fiat systems (e.g. Dollars) and store your wealth in hard assets like ₿itcoin which will appreciate against infinite money printing.
🖨️💵 ♾️/ 21M = ₿ value
A growing economy based on inflationary debt (over-spending) from cheap money (low interest rates) is a mirage, Potemkin village, or bubble which will inevitably pop and has collapsed every empire to date.
The only way for individuals to avoid losing their purchasing power is to exit fiat systems (e.g. Dollars) and store your wealth in hard assets like ₿itcoin which will appreciate against infinite money printing.
🖨️💵 ♾️/ 21M = ₿ value